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MA S388
Bill
Status
Introduced
2/27/2025
Primary Sponsor
Robyn Kennedy
Click for details
AI Summary
- Amends Chapter 70 (Massachusetts school funding formula) to change how per-pupil foundation rates are adjusted for inflation annually
- Requires per-pupil rates for most foundation categories to be no less than the base rate from section 3, adjusted by the foundation inflation index
- Creates separate inflation adjustment for employee benefits and fixed charges, which must be at least the prior year's rate adjusted by the employee benefits inflation rate
- Redefines the "foundation inflation index" as the ratio of the implicit price deflator for state and local government consumption expenditures between the first quarter of the prior fiscal year and the first quarter of fiscal year 2019
- Caps the annual increase in the foundation inflation index at 4.5% over the prior fiscal year
Legislative Description
To fix the chapter 70 inflation adjustment
Last Action
Accompanied S400
9/22/2025
Committee Referrals
Education2/27/2025
Full Bill Text
No bill text available